Looking at top Wall Street opinions, Alcoa Corporation (NYSE: AA) has recently made its way into the research list of BofA/Merrill – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Neutral in the eyes of BofA/Merrill, whereas its previous rating was Buy in the eyes of BofA/Merrill, as reported on Wednesday, April 3rd, 2019. Another heavy-hitting research note was published by Credit Suisse on Tuesday April 2nd, 2019, with this firm downgrading AA to an updated rating of Neutral from its previous rating of Outperform. In the past six months and three months of trading, shares of Alcoa Corporation (AA) have moved by -21.55% and -0.91%, respectively.
Brokerage Updates Related to Alcoa Corporation (AA) Stock
This publicly-traded organization generated losses of -4.26% over the last 5 sessions. Right now, this stock is the subject of 0 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Based on the 0 stock market experts following this company, the average 12-month price target is $38.46. Moreover, individual price targets range between $31.00-$45.00. With its recent move to $36.00, we can see that these firms project this stock will loss by -48.06% in one year.
Updates from Alcoa Corporation (AA) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.30% rise since the beginning of the calendar year.
Suncor Energy Inc. (NYSE:SU) experienced a gain of 1.10% from the closing price in the previous trading day. That boost the price to $33.19 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 2,618,086 shares of stock – compared to the typical average of 3.60M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $42.83.
Pricing Indications for Suncor Energy Inc. (SU)
This organization has had a price-to-earnings ratio of 22.05 in the last year. Meanwhile, it gained 33.38 from its observable 50-day simple moving average. Right at this moment, the per-share value is -6.34% lower than the mean per-share price over the last 200 days in the market.
Suncor Energy Inc. (NYSE:SU) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 3 have a Buy rating, 9 have an outperform rating, while 3 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.00, based on information from Thomson Reuters.
SU Stock Value Potential
In trading activity as of late, this stock’s value was 35.40 up from its 200 day moving average, while also -0.51% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $44.00-$65.00. The market value for the entire organization reached 53.07B. In the last trading session, the price ended the day at $32.83. The institutional holdings related to this organization account for 0.02%, and the Beta factor is now 1.18. This company’s RSI (Relative Strength Index) managed to hit 51.43.
Suncor Energy Inc. (NYSE:SU) Analyst Points of Focus
Suncor Energy Inc. (SU) has found itself inside of Evercore ISI’s research list, so their analyst rating adjustment is worth taking note of. This stock was downgraded to In-line, compared to its previous rating of Outperform by Evercore ISI, as garnered from a news report on Wednesday April 3rd, 2019. An additional helpful research note was sent out by Credit Suisse’s on Thursday March 14th, 2019. The brokerage decided to upgrade SU to Outperform from its previous rating of Neutral.